Global Polybutene-1 Market Growth 2023-2029

Global Polybutene-1 Market Growth 2023-2029

Polybutylene (polybutene-1, poly(1-butene), PB-1) is a polyolefin or saturated polymer with the chemical formula (C4H8)n. It should not be confused with polybutene, a low molecular weight oligomer.

Polybutylene is produced by polymerisation of 1-butene using supported Ziegler-Natta catalysts. PB-1 is a high molecular weight, linear, isotactic, and semi-crystalline polymer. PB-1 combines typical characteristics of conventional polyolefins with certain properties of technical polymers.

PB-1, when applied as a pure or reinforced resin, can replace materials like metal, rubber and engineering polymers. It is also used synergistically as a blend element to modify the characteristics of other polyolefins like polypropylene and polyethylene. Because of its specific properties it is mainly used in pressure Plumbing System, flexible packaging, water heaters, compounding and hot melt adhesives.

LPI (LP Information)' newest research report, the “Polybutene-1 Industry Forecast” looks at past sales and reviews total world Polybutene-1 sales in 2022, providing a comprehensive analysis by region and market sector of projected Polybutene-1 sales for 2023 through 2029. With Polybutene-1 sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Polybutene-1 industry.

This Insight Report provides a comprehensive analysis of the global Polybutene-1 landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Polybutene-1 portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Polybutene-1 market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Polybutene-1 and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Polybutene-1.

The global Polybutene-1 market size is projected to grow from US$ 291.1 million in 2022 to US$ 350.7 million in 2029; it is expected to grow at a CAGR of 350.7 from 2023 to 2029.

LyondellBasell, Mitsui Chemicals, Ylem Technology and Shandong Hongye Chemical are the leaders of the Polybutene-1 industry, which take about 100% market share. Europe is the major region of the global market, which takes about 30% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Polybutene-1 market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Extrusion Grade PB-1
Injection Molding Grade PB-1
Extrusion Blow Molding Grade PB-1

Segmentation by application
Plumbing System
Packaging Material
Hot Melt Adhesives
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
LyondellBasell
Mitsui Chemicals
Ylem Technology
Shandong Hongye Chemical

Key Questions Addressed in this Report

What is the 10-year outlook for the global Polybutene-1 market?

What factors are driving Polybutene-1 market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Polybutene-1 market opportunities vary by end market size?

How does Polybutene-1 break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.